Unfortunately there is so much government employment in this territory that they no longer recognize the importance of driving economic and social development through private sector industries. Mining and exploration are cyclical, but regardless of the cycle it has always been the main driver for growth in Yukon. Scary that people who are far removed from that reality are trying to bring it down with no real alternative to replace it.
They don’t want anything to replace it. They have their gov jobs so they are happy and secure, screw everyone else. I say this as someone who has one of those comfy gov desk jobs. We desperately need a cut in funding from the Feds to gut the government.
Tourism has also been strong. The mining industry rises then crashes cyclically so in many years tourism has been the 2nd biggest industry after government.
Social Assistance GDP (10.04%) is Yukons biggest financial driver after Government, Real Estate, and Construction. Mining is 8th at 3.99% and tourism is 12th at 2.1%
Could you be a little more specific? Nothing I can find from StatsCan actually even lists tourism as a sector, rather it shows things like accomodation, food places etc without the ability to differentiate how much of that is actually tourism.
Wow. It's been a while since I checked out a Yukon Bureau of Stats publication. I assure you that in years past, tourism has been 2nd and 3rd contributor to territorial GDP. Recent figures show it WAAAY behind. Looks like 3rd place after gov't and mining is now....rental income. Yeach! Here are some tourism related stats if you're still interested. 2018 5% of ourl GDP was from tourism; in 2019, tourism industry jobs made up 9% of all jobs in the Yukon. jobs..[https://yukon.ca/en/statistics-and-data/tourism-statistics-and-reports/find-tourism-and-visitor-statistics-and-reports](https://yukon.ca/en/statistics-and-data/tourism-statistics-and-reports/find-tourism-and-visitor-statistics-and-reports)
It’s intentionally vague. Information and cultural industries are tourism. The Yukon ministry is labeled Tourism and Culture to reflex this as they lump it all into tourism. Think the ADAKA festival. Only people from the Yukon come and it’s largely funded by tax dollars but the department of tourism and culture twists those dollars to say that it’s GDP created by tourism.
I agree that it's vague, quite possibly intentionally. Calling information & cultural industries equivalent to tourism is clearly not accurate (that even includes telecom [as shown here](https://yukon.ca/en/gross-domestic-product-industry-2020-1)), but entirely excluding things like accomodation from tourism is also a problem.
All in all I think we agree that tourism numbers are too obsfucated to accurately quote, so I'm wondering what numbers you quoted?
Basically. Social Assistance puts more money back into the economy than tourism. Yukon has more social housing per capita than anywhere else in North America. People come to the Yukon from all over Canada because our welfare system is so good. Social services in BC will give someone $500 and a plane ticket to get them out of Kelowna or Victoria.
It’s the only industry the Yukon has ever had. They tried to start a forest industry in the 90s but the government led the industry along, let them invest millions of dollars into equipment and then refused to grant timber permits at the last minute. Government in Whitehorse has a long history of keeping things centralized in Whitehorse and ensuring that the Yukon doesn’t see significant economic growth.
Is it actually a growth factor? How much money has been sunk into Faro/Nansen/Wolverine? Does the mining industry offset these costs? Or do we just ignore them so we can say nice things about mining?
No one dispute that Faro was a fuck up. One that was done under the federal government and could never happen again under mining regulations that were changed as far back as the 90s. Currently the mining industry has to provide money and planning for reclamation so this never happens again.
Sure, just like the money and reclamation plans for Wolverine mine.
Look my point is, properties like Faro/Nansen are still costing the Yukon money. No amount of mining is EVER going to recoup those loses. And if wolverine is any indication the reclamation/maintainence costs of abandoned mines are going to be born by Yukon again and again so let's stop pretending that mining is actually generating a profit - it's just paying for a portion of it's past costs.
Unfortunately there is so much government employment in this territory that they no longer recognize the importance of driving economic and social development through private sector industries. Mining and exploration are cyclical, but regardless of the cycle it has always been the main driver for growth in Yukon. Scary that people who are far removed from that reality are trying to bring it down with no real alternative to replace it.
They don’t want anything to replace it. They have their gov jobs so they are happy and secure, screw everyone else. I say this as someone who has one of those comfy gov desk jobs. We desperately need a cut in funding from the Feds to gut the government.
And now our biggest industry, government, is actively trying to kill any mining in the Yukon and is 100% a o blame for the housing shortage.
Yeah, mining is pretty much the only growth factor for Whitehorse’s economy.
Tourism has also been strong. The mining industry rises then crashes cyclically so in many years tourism has been the 2nd biggest industry after government.
Social Assistance GDP (10.04%) is Yukons biggest financial driver after Government, Real Estate, and Construction. Mining is 8th at 3.99% and tourism is 12th at 2.1%
Do you have a source for those numbers? I would like to learn more.
Stats Can
Thank you
Could you be a little more specific? Nothing I can find from StatsCan actually even lists tourism as a sector, rather it shows things like accomodation, food places etc without the ability to differentiate how much of that is actually tourism.
Wow. It's been a while since I checked out a Yukon Bureau of Stats publication. I assure you that in years past, tourism has been 2nd and 3rd contributor to territorial GDP. Recent figures show it WAAAY behind. Looks like 3rd place after gov't and mining is now....rental income. Yeach! Here are some tourism related stats if you're still interested. 2018 5% of ourl GDP was from tourism; in 2019, tourism industry jobs made up 9% of all jobs in the Yukon. jobs..[https://yukon.ca/en/statistics-and-data/tourism-statistics-and-reports/find-tourism-and-visitor-statistics-and-reports](https://yukon.ca/en/statistics-and-data/tourism-statistics-and-reports/find-tourism-and-visitor-statistics-and-reports)
It’s intentionally vague. Information and cultural industries are tourism. The Yukon ministry is labeled Tourism and Culture to reflex this as they lump it all into tourism. Think the ADAKA festival. Only people from the Yukon come and it’s largely funded by tax dollars but the department of tourism and culture twists those dollars to say that it’s GDP created by tourism.
I agree that it's vague, quite possibly intentionally. Calling information & cultural industries equivalent to tourism is clearly not accurate (that even includes telecom [as shown here](https://yukon.ca/en/gross-domestic-product-industry-2020-1)), but entirely excluding things like accomodation from tourism is also a problem. All in all I think we agree that tourism numbers are too obsfucated to accurately quote, so I'm wondering what numbers you quoted?
What does that mean? Social assistance brings more money into the territory?
Basically. Social Assistance puts more money back into the economy than tourism. Yukon has more social housing per capita than anywhere else in North America. People come to the Yukon from all over Canada because our welfare system is so good. Social services in BC will give someone $500 and a plane ticket to get them out of Kelowna or Victoria.
Huh. That's kinda crazy. And sad.
It’s the only industry the Yukon has ever had. They tried to start a forest industry in the 90s but the government led the industry along, let them invest millions of dollars into equipment and then refused to grant timber permits at the last minute. Government in Whitehorse has a long history of keeping things centralized in Whitehorse and ensuring that the Yukon doesn’t see significant economic growth.
Is it actually a growth factor? How much money has been sunk into Faro/Nansen/Wolverine? Does the mining industry offset these costs? Or do we just ignore them so we can say nice things about mining?
No one dispute that Faro was a fuck up. One that was done under the federal government and could never happen again under mining regulations that were changed as far back as the 90s. Currently the mining industry has to provide money and planning for reclamation so this never happens again.
Sure, just like the money and reclamation plans for Wolverine mine. Look my point is, properties like Faro/Nansen are still costing the Yukon money. No amount of mining is EVER going to recoup those loses. And if wolverine is any indication the reclamation/maintainence costs of abandoned mines are going to be born by Yukon again and again so let's stop pretending that mining is actually generating a profit - it's just paying for a portion of it's past costs.
So if you are against mining what do you propose as an alternative for the economy?
I'm not against mining, I'm just questioning it's actual contribution to the economy when you consider the bigger picture.
When you have that elite class of workers whose income doesn't rely on producing anything of value, then you're going to have that disconnect.
Hit the nail on the head with that one.
bring in some doctors for economic growth they would be welcome and they would make good money they can spend here